Layoff numbers remain historically low in the labor market, but shocks to tech and finance jobs have been ratcheting up throughout the year. With companies including Twitter, Stripe, Salesforce and Meta announcing staff cuts in a matter of days, and CEOs saying they’re preparing for a recession by reducing headcount, the market could get a little tighter for some job seekers rebounding from a layoff.
Albert Ko, 37, knows a thing or two about bracing for the worst: He’s been through five rounds of layoffs in his 15-year career in engineering and sales, including two instances where he lost his job. He’s now a director at AngelList Talent, a career site for startup jobs, and offers up his time to help review resumes, offer advice and connect people with new jobs.
He’s consistently noticed that sudden job seekers tend to make three big mistakes as they hit the market. Here’s what to avoid:
As jobseekers scour jobsites for potential relevant openings, it behooves them to apply to as many positions as possible. Of the applicants who send out their resume 1 to 10 times, only 12.6% book 3 to 7 interviews, according to the Bureau of Labor Statistics. But of the applicants who send out their resume 21 to 80 times, 33.4% book the same amount.
Of course, in order to get considered for any role, it’s key to write a powerful resume that meets the requirements of the job. One thing that can help make the case for why you’re a good fit is the summary, written at the top of the page just under your name and contact info.
“There are so many challenges when it comes to putting together who you are, what you do best on a piece of paper,” says Octavia Goredema, career coach and author of “Prep, Push, Pivot.” “But the resume summary is the one standout opportunity that you have to demonstrate what makes you a strong candidate.”
Here’s how career experts recommend you go about writing it.
The right employees can take your small business to the next level, but choosing them isn’t always easy when all you have to go on is a one-page resume. Every candidate wants to put their best foot forward and that can make it difficult to decide who to invite for an interview.
While choosing the best candidate for the position is ultimately up to you, watching for these five red flags could help you rule out those who aren’t a great fit.
In today’s competitive job market, it is more important than ever that your company culture is attractive. In fact, according to a recent Gallup poll, culture is the number one conversion factor for 20% of job seekers when considering a new job. Sadly, this is usually easier said than done.
This is why it’s imperative to step away, seek feedback from all levels within your company and figure out how to make some fundamental changes. Not only will this result in a happier and more productive workforce, but it will make your business stand out from the rest.
So, where do you start? Well, after years of consulting, coaching and working with businesses of all sizes, here are my five key tips that are game-changers for creating a company that attracts top-level job seekers: